710 N Main ST, Elgin TX 78621

Reviewing the most recent comparable transactions, this home's market value falls around $340,247. For a well positioned listing in W &, I'd target the $404,000 to $410,000 range. Against 6 similar active listings in W &, this price point lands at the 2nd least expensive of 6 comparable homes on the market. This home's larger footprint (1,237 sqft vs the comp average) plays a role in how the market prices it. The 1923 construction puts this home 28 years older than the comp average, a factor in the pricing. There are currently 6 similar homes on the market in W &, ranging from $322,000 to $408,914. Recent trends in 78621 show home values have fallen 7.8% since 6 months ago. The most comparable recent sale is 109 Taylor RD, Elgin TX 78621, with an adjusted value of $477,560; with a smaller floor plan. 7 comparable transactions in W & support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group